EUR/USD SELL then BUY

25 בינו׳ 2023

EUR/USD market looking like a short-term bearish trade Tp@1.08325 then expect market to gain traction and become bullish pushing price to around tp3@1.10066. Economic sentiment confirming both trade ideas, currently EU500 is in a bearish state after successfully reaching its daily TP@1479.316, this is a perfect sell spot making way to the 4HR High-low (50% retracement) Tp@1.08325. from analyzing the indexes i am expecting bearish markets in some of the most impactful sectors after the USD RALLY which will cause EUR to turn and burn after the bearish market and rise to around tp3@1.10066.

26 בינו׳ 2023

הערה

retracement may only go to daily high @1.08959 or the 38% retracement @1.08754

26 בינו׳ 2023

הערה

First part is done retracement reached its TP as expected

27 בינו׳ 2023

הערה

I am betting on good numbers for EUR @ 4am if all is well the buy side of this trade will be entered.

27 בינו׳ 2023

הערה

no good will come back @ 0730AM